As a business owner, you’re focused on what you do best. You started a business for a reason, right? You’re good at what you do. We understand this because our business clients are excellent at what they do. Some may manufacture products, distribute goods, provide services, see patients or build real estate, but they are good at what they do.
For over 45 years, DHJJ worked alongside many business clients. It’s exciting to be part of the process and to be there as a trusted resource. Our firm is actively involved with our clients and strives to be proactive and innovative while meeting tax and accounting needs and exceeding expectations on the planning and advisory side of the equation. We’ve seen many businesses go from inception to sale while experiencing growth, expansion and challenges along the way. There have also been many transitions from first to second generations and now third generation ownership which require a specific skill set from an advisory perspective.
DHJJ’s Innovative Services Group Takes Your Business to the Next Level
This knowledge has been harnessed, developed and implemented into a financial and analytical process by our Innovative Services Group team of professionals. We are ready to help give your business the health assessment it needs and get you to the next level. Our clients and potential clients have entrusted their financial well-being to accounting minded personnel while focusing on what they do best. Your CFO, Controller and Accounting department are no doubt working hard on your behalf to provide solid information, in a timely and accurate manner, using technology and best practices.
We would like to look at your business at the granular level and again from 10,000 feet. Our team will provide you with a brief written assessment, prioritized by areas of opportunity, for your review and consideration. It’s not painful, we do the leg work!
What are the Phases of a Business Health Assessment?
Phase I – Back of the House Analysis – we review tax returns, financial statements and other important documents including operating agreements, social medial and website copy to understand your business, how you make money and how you operate within your specific industry.
Phase II – Conduct a brief interview with you and/or your professional accounting team. One of our key questions is, what are your top 3 concerns for the business?
Phase III – The DHJJ Innovative Services Group analyzes the financial side of your business utilizing a comprehensive considerations checklist divided into 4 key areas
- Internal Control
- The Next Level
Phase IV – Present areas of opportunity to you and review the top priorities in each of the 4 areas.
We understand the financial health of your business as a pyramid. You need a solid foundation of compliance and internal control before adding layers to address efficiencies, streamlined processes using secure technology, and be able to rely on key performance indicators, projections and forecasts. The top levels won’t succeed without a strong base.
What is the Next Level for Your Business?
The last step – take it to the “Next Level”. What are your long-range goals and how do you get there? Whether you plan to sell in 3 years, 15 years, transition the business to others or work for the next 30 year, it’s important to know what your business is worth, what your individual wealth planning looks like, now and in the future, and how you plan to grow and compete in today’s global economy.
How DHJJ Can Help
The Innovative Services Group at DHJJ has a team of trusted, experienced professionals that handle all areas of internal controls, business consulting and tax and financial reporting compliance. Contact the Innovative Services group at 630-420-1360 or fill out the form below.